Industrial Stocks Charge to Record Highs
Data released on Friday reveals gross domestic product grew at a much faster-than-expected pace of 4.1% last quarter. This rapid rate of growth is giving a big boost to economically sensitive industrial stocks. Of the 64 industrial names in the S&P 500, 21, or one-third, are on track to close out the week in record territory.
Industrial Stocks Charge to Record Highs